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Proposed Changes to the Community Reinvestment Act for Banking Institutions

August 16, 2022

The federal banking agencies recently issued a proposal to revamp areas of the Community Reinvestment Act of 1977 (CRA), which is a federal banking law requiring banks to not only meet the credit needs of their communities, but do so in a fair and equitable manner. Access this practice note which provides an overview of the proposed regulation to revamp and expand the CRA.

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